£20,500 to invest

bundly

Thanks Grumpy, now I am wondering if the 5.1% with them is better than the tax-free NS&I certificate?

ukdutypaid

Nobody knows, do they. That's the point. The product from the gov is a punt on the RPI.. If inflation is falling you bail... If inflation is rising you win. It's going to be hard if the next figure increases because of the utility rises. I'd get in before they're reflected in next months figures, or certainly when all the rest follow.

Deposit your money either short term at a low rate, or long term at something higher. If you go short term and rates rise you move your cash, if you go long term and rates rise higher than they're paying, you lose. You've got the same dilemma as everybody else.

Stick it in a bank. Otherwise you'll go mad worrying about it all....